by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | May 22, 2023 | FAFSA
Nearly 18 million college students receive some type of Federal financial aid every year. Due to pending FAFSA rules changes, the percentage of these students who are from farm families can be expected to drop significantly. The new rules will take effect this...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | May 13, 2023 | FAFSA
The 2024–25 Free Application for Federal Student Aid (FAFSA) integrates major changes in the way students will apply for Federal student aid. According to the U.S. Education Department (ED), these changes will help students by enabling a better and simpler FAFSA...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Apr 28, 2023 | FAFSA
Three years ago, Congress enacted long-overdue reforms in the passage of the FAFSA Simplification Act of 2020, which substantially improves Federal student aid process. Among the many changes in the Act are a reduction in the number of questions from 108 to 36, the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 10, 2023 | FAFSA
Every year, parents of enrolled and prospective college students should complete their part of the Free Application for Federal Student Aid (FAFSA) for financial aid from the Federal government, their state, and the student’s college. Over 13 million students file the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 10, 2023 | FAFSA
Student loan balances have spiked in the last few years. The average balance increased from $29,000 in fourth quarter 2016 to more than $36,000 in fourth quarter 2021. To reduce this burden, President Biden announced the Student Loan Forgiveness Plan (the Plan) in...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | May 28, 2022 | FAFSA
The FAFSA Simplification Act was signed into law on December 27, 2020, as part of the Omnibus Act for 2021. The purpose of the FAFSA Simplification Act is to make it easier for students to complete the FAFSA form and to make the allocation of Federal student aid...
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